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May
2016
Saturday 14th
posted by Morning Star in Britain

CHRISTINE LAGARDE was accused of trying to “bully” Britain into remaining in the EU yesterday after warning an exit would spark a recession, writes Luke James.

The French head of the IMF said the consequences for Britain’s economy would be “pretty bad to very, very bad” if voters backed a split with Brussels on June 23.

She predicted a stock market crash and steep fall in house prices if the public defies David Cameron’s pleas to stay.

But Leave campaigners pointed out the IMF was EU-funded and therefore not impartial and argued Ms Lagarde was an “employee” of Chancellor George Osborne, who sits on the IMF’s governing body.

Labour MP Kelvin Hopkins told the Star: “This is just more evidence of the panic amongst the global neoliberal elite that Britain might seek to take back some control of its economy with a bit more democracy and a bit more socialism.

“Even more worrying for Christine Lagarde and her allies is that other EU nations might decide to follow Britain’s lead — including France!”




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